Advait Techserve (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.04 Cr
- Satisfied Charges ₹ 4.00 M
- Revenue Growth -5.94%
- Profit Growth 298.60%
- Ebitda 6.64%
- Net Worth 8.47%
- Total Assets -10.72%
About Advait Techserve (India)
Advait Techserve (India) Pvt Ltd (ATIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 January 2006 and has a history of 19 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹6.04 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.
Ajay Verma and Binay Verma serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140MH2006PTC159256
- Company No.
159256
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jan 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Advait Techserve (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Verma  | Director | 25-Jan-2006 | Current |
| Binay Verma | Director | 12-Jun-2019 | Current |
Financial Performance of Advait Techserve (India).
Advait Techserve (India) Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.94% decrease. The company also saw a substantial improvement in profitability, with a 298.6% increase in profit. The company's net worth moved up by a moderate rise of 8.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advait Techserve (India)?
In 2023, Advait Techserve (India) had a public holding of 91.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹60.38 M
₹4.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.84 Cr
- Standard Chartered Bank : 2.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2024 | Standard Chartered Bank | ₹2.20 Cr | Open |
| 23 Nov 2023 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 18 Mar 2013 | Hdfc Bank Limited | ₹2.34 Cr | Open |
| 18 Mar 2013 | Hdfc Bank Limited | ₹4.00 M | Satisfied |
How Many Employees Work at Advait Techserve (India)?
Advait Techserve (India) has a workforce of 312 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advait Techserve (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advait Techserve (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
